Showing 3434 Documents for "securities"
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- MAS
- Notices
Last revised date:
- : Listed collective investment schemes Unlisted collective investment schemes Other listed equity securities Other unlisted equity securities Total (1 to 4) Debt securities: Government debt securities Qualifying debt securities Other debt securities Total (6 to 8) Cash and deposits Other
- PDPC
- Public Consultations
Last revised date:
- Without a clear link between baseline security and the obligation to notify security breaches, there is a risk that this provision results into less protection for the data and this exception can be misused.
- The technological protection exception should only apply if the organisation has adopted (and can demonstrate) sound security baseline practices and comprehensive deployment of security technologies in a defense-in-depth architecture.
- This would incentivize organisations to take pro-active measures for securing and protecting personal data.
- PDPC
- Commission's Decisions
Last revised date:
- [Emphasis added.] 21 In the premises, I find that the Organisation failed to make reasonable security arrangements to protect the personal data in its possession and control, as the Organisation: (a) did not put in place basic administrative security arrangements such as setting out its
- use, disclosure, copying, modification, disposal or similar risks. 18 In this case, the Organisation’s informal practices and verbal reminders “on a need basis” were an insufficient security arrangement for the purposes of compliance with section 24 of the PDPA.
- (b) Whether the Organisation was in breach of section 24 of the PDPA 17 Section 24 of the PDPA requires an organisation to protect the personal data in its possession or under its control by making reasonable security arrangements to prevent unauthorised access, collection,
- MAS
- Enforcement Actions
Last revised date:
- OAIP was a fund management company licensed by the Monetary Authority of Singapore (MAS) under the SFA.
- Singapore, 22 October 2020… Mr Sun Weiyeh, a former fund manager, was charged today under the Securities and Futures Act (SFA) for acts that were likely to defraud investors. 2 Mr Sun was a director of One Asia Investment Partners Pte. Ltd. (OAIP) from October 2014 to January 2017.
- MAS revoked OAIP’s licence in April 2017 after it was issued with a winding up order by the High Court of Singapore [ link ]. 3 Mr Sun faces two charges under section 201(b) of the SFA for engaging in acts that were likely to defraud investors of a fund managed by OAIP.
- MAS
- Exemptions
Last revised date:
- granted 16 February 2017 and 23 March 2017 Section 99(1)(h) of the SFA, read with section 337(2) of the SFA MAS granted exemptions to two IDBs from holding Capital Markets Services (CMS) licences for trading in futures contracts.
- View exemptions issued under section 337(2) of the Securities and Futures Act for the period from 1 January 2017 to 31 March 2017.
- Issue Date: 24 April 2017 EXEMPTIONS ISSUED PURSUANT TO SECTION 337(2) OF THE SECURITIES AND FUTURES ACT (CAP. 289) (SFA) For the period from 1 January 2017 to 31 March 2017 S/N Exemption granted Exemption provision Description No. of exemptions provided 2 Date of exemption
- MAS
- Exemptions
Last revised date:
- View exemptions issued under section 337(2) of the Securities and Futures Act for the period from 1 October 2016 to 31 December 2016.
- Issue Date: 20 March 2017 EXEMPTIONS ISSUED PURSUANT TO SECTION 337(2) OF THE SECURITIES AND FUTURES ACT (CAP. 289) (SFA) For the period from 1 October 2016 to 31 December 2016 Description No. of exemptions provided 3 Date of exemption granted 3 October 2016 and 2 December 2016
- section 337(2) of the SFA Exemption for inter-dealer brokers (IDBs) from requirement to hold a Capital Markets Services (CMS) licence for trading in futures contracts
- MAS
- Media Releases
Last revised date:
- , hybrid instruments and equity securities, with the following modifications: (i) increase the page limit of a PHS for hybrid instruments and equity securities to 8 pages (or 12 pages including diagrams and glossary) to allow for the inclusion of a wider array of information in respect of such products
- Singapore, 14 October 2013… The Monetary Authority of Singapore (MAS) today released a consultation paper on proposed enhancements to the current rules relating to prospectus disclosures for offers of securities.
- better understanding by investors of key information presented in prospectuses, and make prospectuses more accessible to retail investors. 2 The proposals set out in the consultation paper are as follows: (a) extend the existing requirements for a Product Highlights Sheet (PHS) to offers of debt securities
- MAS
- Media Releases
Last revised date:
- It also recommends enhanced technology risk management requirements for strengthening system, network and infrastructure security, and articulates stronger procedures for system development and security testing. 3 MAS expects the Board and senior management of banks to be responsible and accountable
- This will help promote a security conscious environment and enhance public confidence in online financial systems. 5 The IBTRM Guidelines (Click here to view) (334.9 KB) is available on the MAS website. ***
- The Guidelines aims to assist banks in: Establishing a sound and robust technology risk management framework; Strengthening system security, reliability, availability and recoverability; and Deploying strong cryptography and authentication mechanisms to protect customer data and transactions 2 The
- MAS
- Letters to Editor
Last revised date:
- These include security vulnerability assessments and penetration tests to identify and rectify any security weaknesses.
- Banks in Singapore have in place sound IT security standards to maintain efficient delivery of their services and to safeguard customer information.
- To ensure that the assessments are objective and robust, banks are required to engage IT security professionals with the required expertise, who are not involved in the operation of the banks’ systems.
- MAS
- Media Releases
Last revised date:
- “Providing credit rating services” will be added into the SFA as a regulated activity.
- This is to ensure that Singapore remains an attractive location for CRAs to operate in. 2 MAS proposes to require CRAs to be licensed under the Capital Markets Services (CMS) licensing regime under the Securities and Futures Act (SFA) and be subject to licensing obligations.
- Licensees who carry on the business of providing credit rating services will be required to comply with existing Regulations, Guidelines and Notices under the SFA that apply to all CMS licensees. 3 The proposed regulatory regime will include a Code of Conduct for CRAs (Code) which apply specifically